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An increase in LPG prices has been a politically sensitive matter in India as it potentially affects the middle class voting pattern. LPG was once a standard cooking fuel in Hong Kong; however, the continued expansion of town gas to newer buildings has reduced LPG usage to less than 24% of residential units. However, other than electric ...
In Hong Kong, town gas is produced from naphtha and natural gas. Its major components are hydrogen (49%), methane (28.5%), carbon dioxide (19.5%) and a small amount of carbon monoxide (3%). [3] It supplies towngas to 85% Hong Kong households, and also to commercial and industrial customers.
Autogas or LPG is liquefied petroleum gas (LPG) used as a fuel in internal combustion engines in vehicles as well as in stationary applications such as generators. It is a mixture of propane and butane. [1] Autogas is widely used as a "green" fuel, as its use reduces CO 2 exhaust emissions by around 15% compared to petrol. [2]
Everyone is paying more for gas, but the U.S. remains the cheapest among advanced nations because of low taxes. Think U.S. gas prices are high? Try filling up in Hong Kong — for around $11 a gallon
As of 2015, petrol excise tax is EUR0.766 per litre and diesel excise tax is EUR0.482 per litre, while LPG excise tax is EUR0.185 per litre. [19] The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world.
Shell has been active in Hong Kong for a century, providing Retail, LPG, Commercial Fuel, Lubricants, Bitumen, Aviation, Marine and Chemicals services, and products. Shell also sponsored the first Hong Kong-built aircraft, Inspiration, for its around-the-world trip. [140]
Most of the taxis in Hong Kong run on LPG (liquified petroleum gas) to reduce emissions. In August 2000, a one-off grant was paid in cash to taxi owners who replaced their diesel taxi with an LPG one. Since August 2001, all newly purchased taxis run on LPG. By the end of 2003, over 99.8% of the taxi fleet in Hong Kong ran on LPG. [13]
Hong Kong has some of the highest pump prices in the world, but most customers are given discounts as card members. Singapore, like Hong Kong, also has similarly high pump prices, which are largely based on a pricing strategy called Mean of Platts Singapore (MOPS). As Singapore does not have any oil reserves of its own, the city-state has ...